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Benzinga

Business

Henry Khederian

Why Robinhood Markets Shares Are Rising

HOOD Robinhood Markets US Federal Reserve Nasdaq

Shares of several banking and financial services companies, including Robinhood Markets Inc (NASDAQ:HOOD), are trading higher as stocks gain ahead of today's Fed decision. The Fed is expected to hike interest rates.

Investors continue to weigh the economic impact of the Russia-Ukraine conflict, which has driven volatility in stocks in recent weeks.

Robinhood Markets is trading higher by 14.7% at $12.66. Robinhood Markets has a 52-week high of $85.00 and a 52-week low of $9.93.

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Acquitted 'Hong Kong 47' Defendant Sees Freedom As Responsibility

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